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just ask john boehner. >> it's pretty clear that the president was re-elected. obama care is the law of the land. >> it's happening it, and there's nothing they can do about it. right now, states are deciding how to implement a key part of the law. states can either set up exchanges for people to buy insurance or let the federal government do it for them. you think that choice would be easy for republican governors, given how much they hate the federal government. >> we don't like when the federal government comes and shoves things down our throat. >> sadly, the hardest part of my job continues to be this federal government. >> i mean all the states are actually under assault by this federal government. they are under assault by this federal government. >> so dwhae these governors decide? rick perry and his buddies are letting the feds set up their exchanges. they don't want the federal government to have any control over health care. so now they're letting the federal government have more control over health care. these republican politicians have tied themselv
just ask john boehner. >> it's pretty clear that the president was re-elected. obama care is the law of the land. >> it's happening it, and there's nothing they can do about it. right now, states are deciding how to implement a key part of the law. states can either set up exchanges for people to buy insurance or let the federal government do it for them. you think that choice would be easy for republican governors, given how much they hate the federal government. >> we don't...
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when was the last time you saw harry reid standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are and what they stand for. and as you saw in the president's press conference earlier this week, he's somebody who studied the flaws of a second term. what he wants to do is make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in
when was the last time you saw harry reid standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and...
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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majority leader harry reid, mitch mcconnell and house speaker john boehner and nancy pelosi. they're all going to try to make some progress in coming to an agreement in how to increase revenue and decrease spending before the tax cuts expire for everyone and pre-determined spending cuts kick in automatically. the president said he's willing to compromise but not if it means protecting the top 2% from paying their fair share. "huffington post" reports that a coalition of labor groups are mounting a campaign to put pressure on coming to a progressive solution to avoid the fiscal cliff. they would air ads targeting house republicans and some senate democrats they say protect healthcare, education social security and rely heavier on higher tax it was. peter king spoke briefly with report he is this morning following general david petraeus' testimony behind closed doors. did he not give many details stating it's an ongoing investigation. >> they now clearly believe that it did not arise out of a demonstration. it was not spontaneous and it was clear terrorist involvement. >> she's
majority leader harry reid, mitch mcconnell and house speaker john boehner and nancy pelosi. they're all going to try to make some progress in coming to an agreement in how to increase revenue and decrease spending before the tax cuts expire for everyone and pre-determined spending cuts kick in automatically. the president said he's willing to compromise but not if it means protecting the top 2% from paying their fair share. "huffington post" reports that a coalition of labor groups...
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this morning president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and
this morning president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're...
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can john boehner control the tea party? can mitch mcconnell protect his right flank? thank you very much. >> by the way, he's got to, i guess. he's got an election coming up himself. >> and he had a tough re-election. remember, he had to run six years ago right after the auto bailouts, had a tougher election than he wanted. >>> still ahead, new jersey governor chris christie joins the set. also actor bradley cooper will be here. next, senator saxby chambliss and andrea mitchell. you're watching "morning joe" brewed by starbucks. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. ♪ i seen your picture ♪ your name in lights above it >>> 26 past the hour. a live look at the white house. joining us now from washington, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andre
can john boehner control the tea party? can mitch mcconnell protect his right flank? thank you very much. >> by the way, he's got to, i guess. he's got an election coming up himself. >> and he had a tough re-election. remember, he had to run six years ago right after the auto bailouts, had a tougher election than he wanted. >>> still ahead, new jersey governor chris christie joins the set. also actor bradley cooper will be here. next, senator saxby chambliss and andrea...
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you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room for the white house to get involved in the negotiations as well. >> it allows them to negotiate this without sort of a spotlight on fiscal cliff story which is -- you know, a story that has about six weeks left in it before some -- before taxes go up on everyone and significant spending cuts happen across the country. not just the military. >> you've been covering the hill for awhile in addition to the campaigns. do you get the sense that this will be the time when they say okay, they've reached some agreement on the tax out on the revenue side and republicans eat it a little bit. for people mak
you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room...
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that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes o
that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more...
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...
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i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts. professor robert reich, thank you. >>> next, how far will the president go in the showdown against john mccain. >>> but first, hampton pearson has the cnbc market wrap. good afternoon. >> good afternoon. we saw stocks move lower again on more wall street fears of going over the fiscal cliff. the dow losing 28 points, the s&p down 2, the nasdaq closing down 9 points. that's it from cbs, first in business worldwide. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, wh
i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts....
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go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as a hispanic republican, i find those comments o
go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this,...
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listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana. thank you. >> san
listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there...
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house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign and principle with clifton consulti
house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and...
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important movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and staying over the cliff is a lot worse than going over the cliff and kind of backtracking back up there. >> the bungy. >> the bungy jump. >> we talked about that. >> the slope, the fiscal slope. >> george, where are you on the actual rate itself? there was a conversation boehner said we'll put revenues on the table, keep it at 35%, we'll find the deductions and from the president the first time out he didn't talk about 39.6 and so there was this view amongst some who wanted to hear it somehow he was at the same place and boehner might be willing to do something. i was in d.c. yesterday and others, st
important movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and...
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up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the president's news conference yesterday. advocates had been hoping the president would push for a carbon tax as a way to help raise revenue during talks on the fiscal cliff. while the president did say he is a official believe err -- firm believer in climate change and will take up the issue in the future. for now it will take a backseat to the economy. this is also an issue both parties avoided during the presidential campaign and even during energy talks, there was no mention of climate change during the debates. more john fuglesang is coming up after the break and we're live in our chat room, join us t
up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the...
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house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that
house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world....
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and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of
and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not...
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john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are
john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to...
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the >> eliot: john boehner may refuse to raise taxes on the rich, but others sound a bit more reasonable, including of all people the ceo of goldman sachs. that's head. but i'm i'm let's join jennifer granholm for an up in-depth report on schools meals and more about benghazi and the petraeus scandal. that's >> eliot: goal man sax ceo lloyd blankfein has an important op-ed in today's wall street journal. perhaps making up for the fact that no traditional wall street banking ceos were invited to the ceo con fab at the white house today. he wanted to get his views on some important fiscal issues on the record. he does articulate a framework that permits a serious go goesation leaving a resume of over 1 trillion-dollar of cash sitting on the balance sheets of u.s. companies. eliminateing uncertainty would be fine the much more important issue is a lack of demand for the products that the capital expenditures would produce. we have a demand crisis and not an uncertainty crisis. that point needs to be reiterated often. blankfein says i quote the believe the tax increases especially for the we
the >> eliot: john boehner may refuse to raise taxes on the rich, but others sound a bit more reasonable, including of all people the ceo of goldman sachs. that's head. but i'm i'm let's join jennifer granholm for an up in-depth report on schools meals and more about benghazi and the petraeus scandal. that's >> eliot: goal man sax ceo lloyd blankfein has an important op-ed in today's wall street journal. perhaps making up for the fact that no traditional wall street banking ceos...
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that's the struggle that john boehner's having right now. but it will further define the republican party. and if they can't come to grips with a balanced deal, where you're asking the wealthiest in the country, who have made so much money over the last decade, then that really shows what kind of party they are. and this is about the values that we hold as americans, ed. this is not about numbers. this is about values. >> well, you know, when you look at the way this is setting up, this has got a lot of 2014 talk to it already. i mean, these republicans are going to have to go home and explain, well, i couldn't go along with the tax cuts for the 98% of americans. that would put them against the middle class, wouldn't it? >> yeah. i mean, imagine on friday, when they're all sitting around the table, and the president says, hey, fellas, you know, you're going to be responsible for raising taxes on middle class americans. and if you fail to agree to this top 1% or top 2% tax increase that we're asking for, you go out. the microphones are in the
that's the struggle that john boehner's having right now. but it will further define the republican party. and if they can't come to grips with a balanced deal, where you're asking the wealthiest in the country, who have made so much money over the last decade, then that really shows what kind of party they are. and this is about the values that we hold as americans, ed. this is not about numbers. this is about values. >> well, you know, when you look at the way this is setting up, this...
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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that's the fourth ranking leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them
that's the fourth ranking leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last...
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john boehner still in the house for the time being at the treasury. the president is back in the white house and harry reid is in the senate with a few more seats. why should i believe this would end any more positively than the summer of 2011? >> because again i'm not going to try to talk to you in optimism but let's look at what's changed. you have republican leadership acknowledging for the first time in this debate in public that it's agreed to increase in revenues as part of an agreement that helps restore fiscal balance. that's a very important change. you can debate on what motivated that change, and of course it's true that approach has been a popular very substantial support among the american people. you have a much greater recognition that the economy would benefit on a carefully designed balanced agreement on fiscal reform and putting it off indefinitely is not good for the country. that's important, too. and i also think again if you listen carefully to what people are saying and what many politicians are saying with many elected represen
john boehner still in the house for the time being at the treasury. the president is back in the white house and harry reid is in the senate with a few more seats. why should i believe this would end any more positively than the summer of 2011? >> because again i'm not going to try to talk to you in optimism but let's look at what's changed. you have republican leadership acknowledging for the first time in this debate in public that it's agreed to increase in revenues as part of an...
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing
harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest...
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as bill clinton might say, it's just arithmetic. >> john boehner is making his bid for speaker of the house official in eye letter sent to his colleagues he says his priorities are taking on the president and democrats in the senate. he calls house republicans the last line of defense. mitch mcconnell is already thinking about 2014. the day after the election he held a fund-raiser for 1,000 bucks a person you could attend the reception. and here's a great perk about being first lady. michelle obama didn't want to wait until january to watch the third season of "downton abbey" so it sent dvds to the white house. the three of us are -- with hands on hips, where's ours? where's ours? >> if you read only one thing this morning, today's must read is courtesy of the national constitution center, which argues in a fascinating article why the petraeus affair has nothing on the nation's first sex scandal, hint, it included a duel and it's up on our facebook page alt facebook/jansingco. borm the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker
as bill clinton might say, it's just arithmetic. >> john boehner is making his bid for speaker of the house official in eye letter sent to his colleagues he says his priorities are taking on the president and democrats in the senate. he calls house republicans the last line of defense. mitch mcconnell is already thinking about 2014. the day after the election he held a fund-raiser for 1,000 bucks a person you could attend the reception. and here's a great perk about being first lady....
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harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. >>> breaking news this morning. we have the angus king news, nancy pelosi news, lots of other stuff on our radar. democrats are keeping a close eye on the vote tally in arizona and senator scott brown is hinting at his political future. first as new members make their way to capitol hill, allen west continues to fight for his seat. west has now filed a complained in st. lucie county y
harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100...
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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also, later today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi means leader, is horrible. she was leader last time. what she says and what she does is two different things. she spoke about when barack obama got elected the first, the first time in 2008, this is all going to be a about jobs, jobs, jobs, and they didn't focus on jobs. they pushed through the health care bill, and then she gets up there all the time. she is nervous, she's family, she's bumbling. she's just going to do what she wants but she doesn't look out for the people. she doesn't care. she just doesn't goes and pushes along the agenda and then health care bill, you have to pass it to f
also, later today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi...